Listed by Windermere RE Vashon-Maury Isl, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

18324 Vashon Hwy SW Vashon, WA 98070

Estimated Value: $796,000 - $953,000

3 Beds
1 Bath
2,120 Sq Ft
$414/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $850,000 $401 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,366/month

14 Days on Market

Highlights

  • 4.8 Acre Lot
  • Territorial View
  • Vinyl Plank Flooring
  • Chautauqua Elementary School Rated A-
  • No HOA
  • Partially Fenced Property

About This Home

As of July 2024

Legal duplex conveniently located on shy 5 acres of level, sun-soaked, romantic land minutes from Vashon town! Unit 1:2BR/1BA(1120 sq ft) & Unit 2:1BR/1BA(1000 sq ft) both updated including private laundry, mini split HVAC, garage & sewer. Parcel is Zoned R1-waiting for your vision for further development. Keep the park like setting as is, live comfortably in one unit renting the other, or rent both units, or subdivide & profit from the investment, or build your dream home or any combination! Endless possibilities. Inspection, title & new CAD report. 3 additional water shares available for purchase. Owner occupy & qualify for NEW FED (FHA) 5% down multi-unit loan program. Exceptional Dual Living & Investment Opportunity on Vashon Island!

Last Agent to Sell the Property

JR Crawford

Windermere RE Vashon-Maury Isl License #4021 Listed on: 06/07/2024

Windermere RE Vashon-Maury Isl

Last Buyer's Agent

Sharon Vinograd

Windermere Real Estate Midtown License #129983

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2248204

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,600

Year Built

  • Built in 1952

Lot Details

  • 4.8 Acre Lot
  • Partially Fenced Property
  • Value in Land
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Vinyl Plank Flooring
  • Territorial Views

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Chautauqua Elementary School
  • Mcmurray Mid Middle School
  • Vashon Isl High School

Utilities

  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Vashon Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3223039104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,600

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1952
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2120
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Vashon Sewer
  • WaterCompany: Water District 19
  • WaterSewerGarbage: 3400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Vashon Island
  • High School: Vashon Isl High
  • Middle Or Junior School: Mcmurray Mid

Lot Info

  • Parcel Number: 3223039104
  • Lot Size Acres: 4.8
  • Lot Size Sq Ft: 209088
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: Electric, See Remarks

Rental Info

  • GrossRentMultiplier: 1584
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 60000
  • Net Operating Income: 4380
  • Number Of Units Total: 2
  • Electric Expense: 2500
  • Insurance Expense: 1700
  • Leasable Area: 2120
  • EnergySource: Electric,See Remarks
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8600

MLS Schools

  • Elementary School: Chautauqua Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2015
Sold by
Eastly Patricia C
Bought by
Sechrist Christopher Lee and Sechrist Amber J
Current Estimated Value
$877,369

Purchase Details

Closed on
Dec 19, 2002
Sold by
Olsen Ralph D
Bought by
Eastly Donald E and Eastly Patricia C

Purchase Details

Closed on
Aug 8, 2001
Sold by
Kavadas Judith Shride
Bought by
Olsen Ralph D
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sechrist Christopher Lee $415,000 First American
Eastly Donald E $275,000 Pacific Nw Tit
Olsen Ralph D $189,000 Pacific Nw Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $850,000 0.0% $401 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $850,000 -- $401 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,570 $788,000 $272,000 $516,000
2023 $8,676 $782,000 $265,000 $517,000
2022 $8,087 $891,000 $292,000 $599,000
2021 $7,464 $690,000 $230,000 $460,000
2020 $6,708 $577,000 $210,000 $367,000
2018 $6,247 $546,000 $212,000 $334,000
2017 $5,079 $485,000 $202,000 $283,000
2016 $5,006 $415,000 $173,000 $242,000
2015 $4,331 $398,000 $173,000 $225,000
2014 -- $334,000 $118,000 $216,000
2013 -- $301,000 $118,000 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2248204

Northwest Multiple Listing Service (NWMLS)

APN: 322303-9104